__________ is a system that rewards people for acquiring and developing job-relevant skills.
A) Entitlement pay
B) Gain-sharing pay
C) Merit pay
D) Skill-based pay
E) Expert pay

Question

Quizplus · Accepted Answer

Skill-based pay is a system that rewards people for acquiring and developing job-relevant skills. This pay system is designed to encourage employees to continuously improve their skills and increase their knowledge in order to enhance their job performance and contributions to the organization. The pay increases are based on the level of skills acquired and developed by the employees, rather than seniority or job title.

__________ Is a System That Rewards People for Acquiring and Developing